Author: nporeports
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested two suspected currency counterfeiters in the Federal Capital Territory, Abuja. This was disclosed in statement on Friday by the EFCC spokesman, Wilson Uwajeren. The suspects according to the statement are identified as Johnson Olumoyegun and Tanko Abubakar. He said the suspects were nabbed on October 6 and 7, 2022 in Kubwa and Area 3 axis of the nation’s capital with fake $270,000 (Two Hundred and Seventy Thousand United States Dollars). “In addition, Olumoyegun impersonated an officer of the Commission, using a fake EFCC ID card with the name Solomon…
The United Nations has expressed worry and concern over recent incessant flooding in Nigeria which has affected over 2.8 million men, women and children. UN Spokesman Stephane Dujarric said this at a news conference at UN headquarters in New York. According to Nigerian authorities, over 600 people have died, and 1.3 million people have been displaced. Dujarric expressed worry that the flooding will heighten food insecurity and malnutrition in the country, saying that over 440,000 hectares of farmland have been washed away at a time when more than 19 million people in the country are facing food insecurity. “We…
There is jubilation in Kogi State as the state finally joined the league of oil producing states in Nigeria. The Governor, Yahaya Bello announced that the state has indeed received the first derivation allocation from the Federation Account. He spoke through Mr. Kingsley Fanwo, his Information Commissioner, after the State Executive Council Meeting at Government House, Kogi. Fanwo said that Gov Yahaya Bello, who dropped the cheering news during the meeting, assured residents of his administration’s determination to continue to record more wins for the state. “It’s on record that this administration has recorded many giant strides in various sectors…
After weeks of speculations and denials, a new company, Strategic Capital Investment Limited, has acquired one of Nigeria’s financial institutions, Polaris Bank. The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) which announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent of the equity in the bank on Thursday said the acquiring company had paid an upfront consideration of N50bn. This House of Representatives, which had initially kicked against the same on Wednesday okayed the sale. The House disclosed that the followed laid due process and other relevant…
The Federal Road Safety Corps (FRSC) and the Nigerian Road Safety Partnership (NRSP) are collaborating to checkmate the usual incessant road crashes during ember months to safeguard lives, especially during the yuletide. The Executive General Manager HSEQ, TotalEnergies Nigeria, Mr. Eragbae Aikhoje, said this when he led a team on a courtesy visit to the acting FRSC Corps Marshal, Dauda Biu, on Thursday in Abuja. Aikhoje remarked that there was need for more sensitisation on road safety and improvement to ensure safety of lives and properties during the year end. He said that the establishment of NRSP was a…
Presidential Candidate of the ruling All Progressives Congress APC, Asiwaju Bola Ahmed Tinubu has unveiled his action plan for Nigerians ahead of next year’s general elections. Director, Media and Publicity of the APC Presidential Campaign Council PCC, Mr. Bayo Onanuga in a statement on Thursday night said the former Lagos governor has his focus on national security. He said President Muhammadu Buhari will also lead Governors, National Working Committee members and other leaders of the APC to the inauguration of the Presidential Campaign Council (PCC) of the party on Friday afternoon at the State House Banquet Hall in Abuja…
President Muhammadu Buhari has appointed Engr Emmanuel Audu-Ohwavborua as the acting Managing Director of the Niger Delta Development Commission (NDDC). Director of Press at the Ministry Of Niger Delta Affairs, Patricia Deworitshe, announced the appointment in a statement on Thursday, hours after Effiong Okon Akwa was sacked as NDDC boss. NPO had earlier reported how President Buhari relieved Effiong of his job as the interim administrator of the commission. “Sequel to President Muhammadu Buhari’s approval of the disengagement of the Interim Administrator of the Niger Delta Development Commission (NDDC) from his position, the President has further approved that the…
President Muhamadu Buhari has sacked Effiong Akwa, the sole administrator of the Niger Delta Development Commission (NDDC). This was disclosed in a statement on Thursday by Patricia Deworitshe, director of press, ministry of Niger Delta Affairs, adding that,the president also announced the constitution of a new management team and governing board of the NDDC. According to the statement, the names of the new management team and governing board will be transmitted to the national assembly for approval. “President Muhammadu Buhari has approved the disengagement of the Interim Administrator of the Niger Delta Development Commission (NDDC), Mr Effiong Okon Akwa,…
Former Attorney-General of Lagos State, Mr Olasupo Shashore , on Thursday appeared before a Federal High Court in Lagos on the count charge of money laundering leveled against him by the Economic and Financial Crimes Commission (EFCC). He was arraigned before Justice Chukwujekwu Aneke on a four-count charge bordering on money laundering. The prosecution accused the defendant of inducing one Olufolakemi Adetore to accept cash payment without going through a financial institution. He, however, pleaded not guilty to the charge . After his plea, the prosecutor, Mr Bala Sanga, urged the court to order a remand of the defendant…
British Prime Minister Liz Truss on Thursday announced her resignation just forty-five days after she assumed office after her Predecessor,Boris Johnson resigned Below is the full text of her resignation letter: “I came into office at a time of great economic and international instability. “Families and businesses were worried about how to pay their bills. ‘Putin’s illegal war in Ukraine threatens the security of our whole continent. And our country has been held back for too long by low economic growth. ‘I was elected by the Conservative Party with a mandate to change this – we delivered on energy…